Government maintains fuel prices for May

New Ziana > Local News > Government maintains fuel prices for May

Harare, (New Ziana) – The government has maintained fuel prices for May, offering relief to motorists and businesses at a time when international oil markets continue to reel from escalating geopolitical tensions in the Middle East.

In a statement, the Zimbabwe Energy Regulatory Authority (ZERA) confirmed that the price of Diesel 50 would remain at US$2.09 per litre, while Blend E20 petrol would continue selling at US$2.08 per litre.

ZERA said the decision to keep prices unchanged was a result of measures being implemented by Government to shield consumers from volatility on the international market.

“The prices remain unchanged, as Government interventions continue to cushion consumers from global geopolitical effects,” said the authority.

The energy regulator also reminded fuel operators that Zimbabwe’s mandatory fuel blending ratio remains at E20 and encouraged retailers to display fuel prices clearly at service stations in line with existing regulations.

“The public and operators are advised that the blending ratio is at E20. Operators may sell the petroleum products below the prescribed prices depending on their trading advantages and should display prices in a prominent place as provided for by the fuel pricing regulations,” ZERA added.

The latest review comes against the backdrop of mounting instability in global energy markets, where crude oil prices have surged sharply during the first half of 2026.

International benchmark crude prices, including Brent and West Texas Intermediate (WTI), reportedly breached the US$100 per barrel mark amid intensifying conflict involving the United States, Israel and Iran.

The crisis has disrupted global energy supply chains after tensions in the Gulf region resulted in the effective closure of the Strait of Hormuz, one of the world’s most strategic oil transit routes.

The narrow waterway is responsible for transporting a significant share of the world’s crude oil and liquefied natural gas supplies, making any disruption a major threat to global fuel stability and pricing.

Despite the pressure on international markets, Zimbabwe has so far avoided an immediate spike in domestic fuel costs, a development expected to bring temporary relief to transport operators, industry and ordinary consumers already grappling with high living costs.

However, prolonged instability in the Middle East could eventually force upward adjustments if global oil prices continue rising over an extended period.

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